ArcelorMittal South Africa Limited (ACL) — Working Capital to Net Assets Ratio
ArcelorMittal South Africa Limited (ACL) has a Working Capital to Net Assets ratio of 38.0% as of June 2025. Working capital of ZAC393.00 Million (current assets of ZAC18.01 Billion minus current liabilities of ZAC17.62 Billion) is measured against net assets of ZAC1.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See ACL free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ArcelorMittal South Africa Limited Working Capital to Net Assets (2003–2024)
This chart shows how ArcelorMittal South Africa Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2003 to 2024. As of June 2025, the ratio stands at 38.0%, reflecting working capital of ZAC393.00 Million against net assets of ZAC1.03 Billion ZAC. See defensive interval ratio of ArcelorMittal South Africa Limited to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for ArcelorMittal South Africa Limited (2003–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for ArcelorMittal South Africa Limited from 2003 to 2024, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market value of ArcelorMittal South Africa Limited.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 41.1% | ZAC807.00 Million | ZAC1.96 Billion | ZAC16.08 Billion | ZAC15.27 Billion | ▼ -2.5 pp |
| 2023 | 43.6% | ZAC3.40 Billion | ZAC7.80 Billion | ZAC19.65 Billion | ZAC16.25 Billion | ▼ -9.1 pp |
| 2022 | 52.7% | ZAC6.15 Billion | ZAC11.68 Billion | ZAC18.93 Billion | ZAC12.78 Billion | ▼ -5.4 pp |
| 2021 | 58.1% | ZAC5.26 Billion | ZAC9.05 Billion | ZAC19.54 Billion | ZAC14.29 Billion | ▲ +71.5 pp |
| 2020 | -13.5% | ZAC-316.00 Million | ZAC2.34 Billion | ZAC12.48 Billion | ZAC12.79 Billion | ▼ -54.6 pp |
| 2019 | 41.1% | ZAC1.40 Billion | ZAC3.40 Billion | ZAC13.74 Billion | ZAC12.34 Billion | ▼ -7.9 pp |
| 2018 | 49.0% | ZAC3.90 Billion | ZAC7.96 Billion | ZAC18.86 Billion | ZAC14.96 Billion | ▲ +39.3 pp |
| 2017 | 9.7% | ZAC785.00 Million | ZAC8.06 Billion | ZAC18.13 Billion | ZAC17.35 Billion | ▲ +2.1 pp |
| 2016 | 7.7% | ZAC1.04 Billion | ZAC13.54 Billion | ZAC14.81 Billion | ZAC13.77 Billion | ▲ +13.9 pp |
| 2015 | -6.2% | ZAC-838.00 Million | ZAC13.47 Billion | ZAC13.33 Billion | ZAC14.17 Billion | ▼ -25.2 pp |
| 2014 | 19.0% | ZAC3.94 Billion | ZAC20.72 Billion | ZAC12.80 Billion | ZAC8.86 Billion | ▼ -10.9 pp |
| 2013 | 29.9% | ZAC6.19 Billion | ZAC20.69 Billion | ZAC14.11 Billion | ZAC7.92 Billion | ▼ -1.2 pp |
| 2012 | 31.1% | ZAC6.91 Billion | ZAC22.24 Billion | ZAC11.48 Billion | ZAC4.57 Billion | ▼ -2.3 pp |
| 2011 | 33.4% | ZAC7.57 Billion | ZAC22.67 Billion | ZAC12.85 Billion | ZAC5.28 Billion | ▼ -2.2 pp |
| 2010 | 35.6% | ZAC8.04 Billion | ZAC22.56 Billion | ZAC12.61 Billion | ZAC4.57 Billion | ▼ -1.2 pp |
| 2009 | 36.8% | ZAC8.07 Billion | ZAC21.93 Billion | ZAC12.29 Billion | ZAC4.23 Billion | ▼ -15.4 pp |
| 2008 | 52.2% | ZAC14.61 Billion | ZAC28.00 Billion | ZAC19.28 Billion | ZAC4.67 Billion | ▲ +13.5 pp |
| 2007 | 38.7% | ZAC7.97 Billion | ZAC20.58 Billion | ZAC11.32 Billion | ZAC3.35 Billion | ▼ -11.5 pp |
| 2006 | 50.2% | ZAC11.51 Billion | ZAC22.94 Billion | ZAC14.93 Billion | ZAC3.41 Billion | ▲ +7.5 pp |
| 2005 | 42.7% | ZAC8.34 Billion | ZAC19.52 Billion | ZAC11.18 Billion | ZAC2.85 Billion | ▲ +11.8 pp |
| 2004 | 30.9% | ZAC4.96 Billion | ZAC16.05 Billion | ZAC9.65 Billion | ZAC4.69 Billion | ▲ +14.0 pp |
| 2003 | 16.9% | ZAC2.20 Billion | ZAC12.98 Billion | ZAC5.50 Billion | ZAC3.30 Billion | — |